Suite number:
1A
Project:
Address:
Markham, Ontario
Developer:
Times Group Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
530 sqft
Occupancy Date:
Oct 2027
Price, CAD
$629,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.06%
Cumulative Return on Investment in Year 5
107.23%
Property Price at the End of Year 5
$810,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,450
2.5% in 180 days
$15,725
2.5% in 365 days
$15,725
2.5% in 545 days
$15,725
2.5% in 730 days
$15,725
Net Gain (Loss)
Get Expert Advice
Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
property price appreciation | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $415,000 |
rent income | - | - | $3,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $103,000 |
mortgage principal reduction | - | - | $2,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $66,000 |
deposit interest | $2,000 | $5,000 | $5,000 | - | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $39,000 | $70,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $619,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $47,000 | $31,000 | $47,000 | - | - | - | - | - | - | - | $126,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
operating expense | - | - | $2,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $51,000 |
mortgage payment | - | - | $8,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $228,000 |
total expense investment | $47,000 | $31,000 | $106,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $455,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$12,549 | $8,000 | -$36,523 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $165,000 |
cumulative roi | $73 | $94 | $84 | $96 | $107 | $117 | $126 | $135 | $144 | $153 | $1,000 |
Pangea Condos
Address: Markham, Ontario
Price Range: $629,000 - $1,226,000
Avail. suites: 30
1—3 bd
530—1099 SqFt